Lozier Automobile Exchange v. Interstate Casualty Co.

The parties here and the contract of insurance sued upon are identical with those involved in Lozier Auto. Exchange v. Interstate Cas. Co., 197 Iowa 935. That case is decisive of many of the questions raised here.

The plaintiff in this case seeks to recover on the policy of indemnity issued by the defendant to it, on account of the alleged wrongful conversion by one Roy Thomas of an automobile sold by plaintiff to him upon a conditional sale contract. At the close of plaintiff’s evidence and at the close of all the evidence, the defendant moved for a directed verdict in its favor. The motions…